NOT LISTED FOR SALE

1197 E Lake Dr Novi, MI 48377

Novi Area

Estimated Value: $1,116,281 - $1,765,000

4 Beds
5 Baths
4,143 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2025

Last sale price $1,100,000 $266 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,787 / mo

9 Days on Market

Highlights

  • Beach Front
  • Hydromassage or Jetted Bathtub
  • Wet Bar
  • Hickory Woods Elementary School Rated A
  • Balcony
  • Laundry Room

About This Home

As of March 2025

Welcome to your Dream Lakefront Retreat on the East Side of the Stunning All Sports Walled Lake! This Prime Lakefront Location has 66 feet of Pristine Lake Frontage, Featuring a Shallow, Sandy Entry—Ideal for Swimming, Kayaking, Paddleboarding, and all your Favorite Water Activities. You’ll have Ample Space for Expansion, Entertaining & Parking with a Generous Lot Size of 66' x 316 While Simply Enjoying the Breathtaking Views of the Lake. Whether you Enjoy Boating, Fishing, Sailing, or Ice Skating, it Offers Endless Outdoor Recreation Throughout the Year Including Being Front and Center for Walled Lake's Annual Fireworks Display! Experience Spectacular Sunset Views Right from Your Own Home, with a Two-story Great Room Designed to Frame These Stunning Vistas Perfectly. This Custom Built Home also Features 4 Ensuite Bedrooms, each with its own Private Bath for Maximum Comfort and Privacy. Cozy up by the Gas Fireplaces in both the Great Room and the Owner's Suite, Perfect for Relaxing after a Day on the Lake. The Lower Level Provides a Large Recreational Flex Space Designed for Indoor Entertainment and Fun for all ages including Wet Bar, Egress Window & Full Bath. Multiple Flex Rooms that can be used as Bedrooms, a Craft Room, Office, or Media Room—Versatility at its Best. There is Ample Storage Space will Keep Everything Organized. A Spacious Attached 3 1/2 Car Garage—Perfect for Storing Vehicles, Water Toys, and all your Outdoor Gear. Whole House Generator insures Uninterrupted Living.

Last Agent to Sell the Property

Vicki Burr

National Realty Centers, Inc License #6501412137 Listed on: 03/13/2025

National Realty Centers, Inc

Last Buyer's Agent

Alivia Arabo

Alivia Arabo, Broker License #6504431696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 20,909 Sq Ft Lot
  • Lot Dimensions are 66.00 x 316.00
  • Beach Front
  • 66 Feet of Waterfront

Parking

  • Garage

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Double Sided Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Basement
  • Basement Window Egress
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2202127022
  • $140 per year additional tax assessments

Community Details

Overview

  • Shore Acres Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,623

Year Built

Built in 1996

Lot Details

0.48 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • State Equalized Value: 509260.00
  • Entry Location: GroundLevelwSteps
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 0.48
  • Water Body Name: Walled Lake
  • Co List Office Mls Id: 387480
  • Above Grade Finished Sq Ft: 2943.00
  • Living Area: 4143.00
  • ClassName: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: EntranceFoyer, JettedTub, WetBar
  • Fireplace: Yes
  • Basement: Yes
  • Furnished: Unfurnished
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1200.00
  • Fireplace Features: DoubleSided, GreatRoom
  • Window Features: EgressWindows

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Basement, Poured
  • Construction Materials: Stucco
  • Exterior Features: Balcony
  • Road Frontage Type: Paved
  • Water Frontage Feet: 66.00
  • Disclosures: TaxesHomesteadExempt
  • Home Warranty: No
  • Roof: Tile

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CeilingFans, CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public
  • Laundry Features: LaundryRoom

Schools

  • Junior High Dist: WalledLake

Lot Info

  • Lot Size Area: 0.48
  • Lot Dimensions: 66.00 x 316.00
  • Parcel Number: 2202127022
  • Land Lease Expiration Date: 2025-12-31

Tax Info

  • Tax Amount Summer: 11883.00
  • Tax Amount Winter: 740.00
  • Tax Annual Amount: 12623.00
  • Tax Other Annual Assessment Amount: 140.00

Multi Family

  • Waterfront Features: AllSportsLake, BeachFront, DirectWaterFrontage

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $1,100,000 0.0% $266 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $1,100,000 -- $266 / Sq Ft
Source: Realcomp

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250015874

Realcomp

APN: 22-02-127-022

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